Corporate Social Responsibility and Environmental Management最新文献

In recent years, private sector activities have become a serious concern for environmental sustainability. A growing body of literature has emerged, providing analyses of the factors driving environmental degradation across various countries, especially developed ones. However, no consensus has yet been reached, and researchers continue to examine the issue from different perspectives. This paper makes a novel contribution to the literature by investigating the impact of business enterprise research and development investment (BERD) on environmental sustainability, along with determinants such as economic growth, clean energy use, and globalization. The study focuses on five European Union countries (Spain, Italy, the Netherlands, Germany, and France) (EU-5) using panel data from 1981 to 2022. To uncover the asymmetric effects of BERD on the ecological environment in both the short and long term, and to account for structural breaks, the paper employs a newly developed estimator, the Fourier Asymmetric CS-ARDL approach. The empirical results reveal that negative shocks in BERD significantly influence the ENS of the EU-5, both in the short and long term. Conversely, positive shocks play a considerable role in improving environmental quality. Moreover, while economic growth has been shown to worsen the ecological environment, the use of clean energy and globalization have been identified as factors that safeguard the environmental health of the countries involved. Consequently, it can be concluded that BERD, which promotes green technological innovation, energy efficiency, and the transition to a low-carbon economy, is a valuable policy tool for EU countries aiming to achieve their net-zero carbon targets. It is therefore essential for policymakers to support and expand such initiatives.

Although academic research in the recent two decades has increasingly focused on the drivers and consequences of CSR engagement for firms, the R&D and corporate philanthropy nexus has not been sufficiently explored, especially on a global scale. Thus, we investigate the association between R&D intensity and corporate philanthropy. Using a worldwide sample of 19,644 observations from 2002 to 2021 and executing country-industry-year fixed-effects regression, we find that R&D intensity is positively associated with corporate philanthropy. However, this positive association becomes weaker for companies with more volatile cash flows. The findings are robust to alternative proxies, alternative samples, and endogeneity concerns. Our findings support a synergistic perspective rather than a tradeoff perspective, implying that R&D-intensive firms that are innovative are public-friendly. The negative moderating effect of cash flow volatility between R&D and corporate philanthropy supports the argument that cash flow uncertainty affects firms' investment behavior negatively. Finally, we complemented our linear relationships with a curvilinear analysis and found that a threshold effect exists between R&D intensity and corporate philanthropy.

Research examines the influence of ESG performance on Arab countries' manufacturing production companies. This quantitative design is supported by data on listed manufacturing companies in six Arab countries: United Arab Emirates, Kuwait, Bahrain, Oman, Saudi Arabia, and Qatar. Data from 2008 to 2024, with MSCI ESG ratings and other financial databases consulted in presenting the relation of ESG performance to production efficiency. These statistical analyses of regression models use Stata 18.0 software with the purpose of giving empirical support to hypotheses. Results from the research display that higher ESG performance has an effect on production efficiency through green innovation and reduced financing constraints among others. Notably, such relations are further enhanced in settings with a stronger level of market competition and with increased scrutiny by analysts’ focus, which underlines the contingent nature of external governance mechanisms. These results have proved that enhanced production efficiency associated with ESG performance has a positive impact on the output of state-owned businesses and is not related to environmentally sensitive industries simply because their ESG efforts promote these efficiencies.

Sustainable entrepreneurship remains a pivotal driver in the transition toward inclusive and environmentally responsible economic development across Europe. This study investigates the influence of economic prosperity and policy frameworks on sustainable entrepreneurial activities among 30 European countries from 2018 to 2023. Employing a mixed-methods approach, quantitative analyses including descriptive statistics, correlational, and regression models were complemented by qualitative policy evaluations. Results reveal a significant positive relationship between GDP per capita and sustainable entrepreneurship (r = 0.64, p < 0.001), with GDP and SDG Index jointly explaining 57% of the variance in sustainable entrepreneurship levels (adjusted R ² = 0.57). Sustainable entrepreneurship averages 18.2% across countries, ranging from 9.4% in lower-income Bulgaria to 27.8% in affluent Sweden. Clustering analyses further identified three distinct groups differentiated by economic prosperity, sustainability scores, and policy support. Qualitative findings underscore that nations with integrated policy frameworks combining fiscal incentives and regulatory clarity –exemplified by Denmark and Sweden–experience markedly higher sustainable entrepreneurial activity. In contrast, countries with fragmented or minimal support lag behind. The study concludes that fostering sustainable entrepreneurship requires a holistic policy ecosystem aligned with economic growth, offering actionable insights for policymakers and business leaders striving to accelerate sustainable development. These findings illuminate pathways to reinforce Europe's sustainable economy, with implications extending to emerging markets.

This study examined the relationship between corporate social responsibility (CSR) and financial performance in the context of tourism firms operating in China's Mixed World Heritage regions. Using data from 2012 to 2019, four machine learning (ML) algorithms were evaluated for their ability to predict financial performance, with eXtreme Gradient Boosting (XGBoost) demonstrating the highest accuracy. The SHapley Additive exPlanations (SHAP) method was then applied to quantify the contribution of each CSR dimension. The findings revealed that shareholder responsibility had the strongest yet negative impact on financial performance, followed by social, employee, and supplier/customer/consumer responsibilities, all showing positive effects. Environmental responsibility exhibited mixed effects across financial indicators. Overall, CSR showed a negative influence on financial performance. By integrating interpretable ML techniques, this study offers methodological contributions to CSR research and provides practical insights for tourism firms and policymakers seeking to optimize CSR strategies in Heritage tourism contexts.

The aim of this paper is to study the potential effect on a firm's sustainability performance (S_P) of its pledge to disclose its efforts to curb corruption. We also intend to explore whether board cultural diversity (BCD) drives this correlation. We employed multiple regression models that account for a diverse set of explanatory factors and include 4675 firm-year observations of FTSE 350 index-listed companies from 2005 to 2021. These models ensure constant estimates and alleviate potential biases while investigating the fundamental associations. The outcomes of this paper offer significant support for the notion that businesses' anti-corruption disclosure (A_CD) is associated with their sustainability performance. Additionally, the present paper's outcomes assert that the level of cultural diversity present on the board can efficiently compensate for the lack of transparency regarding anti-corruption measures, thus contributing to enhanced sustainability performance. Following sensitivity analysis and an endogeneity check to account for probable endogeneity, these outcomes remain valid. Our research highlights the pragmatic ramifications for institutions, governing bodies, and decision-makers, while also recommending a multitude of instructions for subsequent studies.

Drawing on dynamic capabilities theory (DCT) and the resource-based view (RBV) perspective, this study proposes a moderated mediation model examining how green dynamic capabilities (GDCs) influence green performance (GP) through the mediation of green technological innovation (GTI), with the moderating effect of institutional support. Using a quantitative approach, partial least squares structural equation modeling (PLS-SEM) and moderated mediation analysis were employed to examine the study model, which was based on data collected from 343 managers in Spanish manufacturing firms. The results indicate that GDCs have a positive impact on GP dimensions, including green management and green product and process performance, and GTI serves as a significant mediator. Moreover, institutional support strengthens the relationship between GDC and GTI. The moderated mediation results also reveal that GTI's mediating role on GDCs and different aspects of green performance is stronger when institutional support is high. The results underscore the importance of firms spending on GDCs, promoting GTI, and exploiting institutional support to gain sustainable competitive advantages. By integrating DCT and RBV, this study extends the application of these theories to new contexts, providing insights that are both academically and practically relevant.

Sustainable Development Goal 12 (SDG 12) aims at boosting sustainable consumption and production patterns (SCPP) globally, forming a critical component of the 2030 Agenda for SD. Despite progress in corporate sustainability reporting, significant challenges remain, particularly in emerging economies like Vietnam, which is undergoing industrial transformation while striving to address environmental and resource sustainability challenges. Addressing these issues requires urgent action to raise awareness and manage finite natural resources more sustainably. Digitalization (DI) in supply chains has emerged as a key solution for greening product life cycles. Thus, this research delves into the association between DI and SCPP among small and medium-sized enterprises (SMEs) in emerging economies, emphasizing the mediating roles of corporate social responsibility (CSR) and green supply chain management (GSCM). A quantitative approach was employed in this paper, and data were acquired through a thoughtfully crafted survey questionnaire targeting individuals in senior management and middle management at companies. This earned 429 valid responses from middle managers and senior managers in Vietnam SMEs. Subsequently, SmartPLS version 4.1.0.0 was leveraged to investigate the hypothesized relationships. The outcomes highlight that DI strengthens GSCM, CSR, and SCPP, as well as the bond between CSR and GSCM, which are statistically significant. Furthermore, the findings demonstrate GSCM and CSR serve as intermediary factors linking DI and SCPP within enterprises. Grounded in empirical evidence from Vietnamese SMEs, this study adds valuable insights to the current set of insights on SCPP by presenting an empirically operationalized framework that integrates dynamic capabilities theory and stakeholder theory. Simultaneously, this research supplies new approaches for leaders and managers on how to pursue SCPP as part of green supply chain transformation through digital innovation, along with making a meaningful advancement in the evolution of the academic discourse on the SDGs.